Feature

Opportunity in Busted Mergers

Aborted merger plans and fears about the future of tax inversions have created a bevy of bargains among affected companies' shares.

The collapse of two prominent takeovers and the Obama administration's threats to limit the ability of U.S. companies to relocate overseas stung Wall Street arbitrageurs last week.

Both developments also created buying opportunities in a range of stocks that had rallied on takeover interest or tax-friendly relocation plans, including Time Warner, Covidien, Shire, T-Mobile US, and Walgreen.